Jan 2, 2013 6:00am PST
. boehner and budget committee chairman paul ryan voted yes while eric cantor and kevin mccarthy voted no. if he decides to run for president in 2016, he might be going up against rubio or rand paul, they both voted no. ryan would be only one of the three that voted yes. the plan means the bush tax cuts will continue for those making under $400,000 a year and couples making less than $450,000 a year. the tax rates will go back up for those making more. the automatic spending cuts that were set to kick in today are delayed for two months. the deal with extend unemployment insurance for some two million people for a year. the estate tax goes back up to 40%. also tax credits will continue for child care, tuition and research and development. on the flip side, the payroll tax rate will go back up to more than 6%. next up, congress and the administration have to figure out what to do about the spending cuts that are going to go into effect in two months if we don't do something and also, there is the issue of raising the debt ceiling. we're back with more show and with steph arrive the break.
Jan 3, 2013 6:00am PST
quietly plotting behind the scenes is eric cantor. >> stephanie: what? why would you suspect him? >> i don't think eric countered on chris christie after telling chris christie anything [ inaudible ] vote on sandy relief aid and i don't think he quite expected that chris christie would turn right around and go in front of the cameras. >> stephanie: yeah. david i think you are going to have to call us back because this connection is really bad. would you mind. >> nope. i'll call you right back. >> stephanie: he is a guy that means it when he says he'll call me back. [ bell chimes ] [ applause ] >> as opposed to your high school boyfriend who saw your prom perm. >> stephanie: my hair was like six times bigger than my bad mitt inracket. paul in nevada you are on the "stephanie miller show." welcome. hi, paul. >> caller: yeah hi, stephanie. i don't know why you guys are so happy. this deal. we just got our clocks cleaned. >> stephanie: we did, how so? >> caller: we just made 99% of the bush tax cuts permanent, limited the revenue stream. it's not -- >> stephanie: right. >> caller: and gues